Fund’s Coverage


The Fund is the first contributory Pensions Fund in the country operating under defined benefit system. The Fund provides social security coverage to all employees in private companies, Parastatal organizations and public institutions. Its coverage has been extended to self employed as well as labour force in the informal sector. Initially, the employees of Parastatal organizations and those in private companies were registered but with the consent of Minister of Finance. However, with the current Act i.e. the PPF Pensions Fund Act, the legal provision requiring the Minister’s consent was removed which act giving the Fund’s mandate to widen up coverage to all employees including those on contracts.





PPF’s Vision Statement

To be a model provider of comprehensive Social Security Services


PPF’s Mission Statement

To provide quality pensions and allied benefits to members through utilization of dedicated human capital and modern technology with high degree of accuracy and promptness.


Major functions of the Fund include registering members, collecting contributions, investing and paying pensions and other allied benefits to its members.


Funds Operations



The Fund operates two Schemes (Traditional and Deposit Administration) both designed specifically to suit the diverse Fund clientele as well as ensuring maximum customer care satisfaction.


Traditional Pension Scheme


This is a mandatory and basic scheme which operates under clearly defined criteria (terms, conditions and procedures) for the guaranteeing and awarding of benefits to members as stipulated in the Act


Contribution Rates



Contributions of 20% of each employee’s salary is required which may comprise of 10% for employee and 10% for employer; or 5% for employee and 15% for employer. Contributions are remitted to PPF by the employer within 30 days from the end of each month to which they relate. Late or non remittance of members’ contributions is an offence. A penalty of 5% on any delayed or non remitted contributions is charged by law for each month of delayed contributions.


PPF takes legal measures against any employer who delays members’ contributions or makes false statement/misrepresentation.


The Deposit Administration Scheme



This Scheme is suitable for employees and anybody else who do not qualify for membership of schemes under pension or any other pension scheme under the current social security / pension Funds. It is a defined contribution scheme (i.e. money purchase scheme). Benefits are awarded as provided in the trust deed and rules/ management agreements of each member. This scheme has a dual purpose; it serves as a basic scheme for all employees who do not qualify for membership into the traditional pension scheme and as a supplementary scheme for all members who are covered under the traditional pension scheme, or any other mandatory scheme in any other social security Fund.



Contribution Rates



Similar contribution rates and procedures to that of Traditional Pension Scheme do apply to a member under this scheme only if it is a mandatory and basic and such a member is in a formal sector. If it is a supplementary scheme, then contribution rates and remission are flexible in the following terms;


i. Contributions which are decided upon by a member can either be ;

ii. Percentage of earnings

iii. Fixed amount or

iv. Combination of percentage of earnings and fixed amount

v. Contributions can be made by both the employee and the employer or by either the employee or the employer.

vi. Contributions may be remitted on a monthly basis or it can be upon a period when a member is earning income;

vii. No penalty is charged on late or non remission of contributions.

Administrative regions grouped into zones



PPF OFFICES

HEAD OFFICE

PPF House, Morogoro Rd/Samora Av.

P.O.BOX 72473

Dar Es Salaam Tanzania

Tel: +255 (0) 22 2113919-2

Fax: +255 (0) 22 2117772

E-Mail:ppf@ppftz.org

Website:www.ppftz.org



ILALA ZONE

IPS Building Askari Monument/Samora Avenue

P.O.BOX 522

Dar Es Salaam Tanzania

Tel: +255 (0) 22 2122505


KINONDONI ZONE

TTCL Kijitonyama Building New Bagamoyo Raod

P.O.Box 110176

Dar Es Salaam Tanzania

Tel: +255 (0) 22 2774096

Fax: +255 (0) 2774097


TEMEKE ZONE

Petro Membi Building

Second Floor opposite Temeke Hospital

P.O.Box 45976

Dar Es Salaam Tanzania

Tel: +255 (0) 22 2122505


NORTHERN ZONE

PPF Kaloleni Commercial Complex

P.O.Box 563

Arusha Tanzania

Tel: +255 (0) 27 2500158

Fax: +255 (0) 27 2500159


SOUTHERN HIGHLANDS ZONE

CAG Building/Jengo la Mkaguzi wa Mahesabu

P.O.Box 6109

Mbeya Tanzania

Tel; +255 (0) 25 2502243

Fax: +255 (0) 25 2500929


LAKE ZONE

PPF Plaza

P.O.Box 150

Mwanza Tanzania

Tel: +255 (0) 25 2506115

Fax: +255 (0) 28 2506114


EASTERN & CENTRAL ZONE

Boma Road/Kenya Commercial Bank Building

P.O.Box 501

Morogoro Tanzania

Tel: +255 (0) 23 2613573

Fax: +255 (0) 23 2613572


SOUTHERN ZONE

Raha Leo Street

P.O.Box 1342

Mtwara Tanzania